If your business is focused on data-driven, fact-based decisions, your business users may be leveraging an analytics solution to gather, find and analyze data. Business goals include improving results and productivity, and getting the best results out of your data, as well as gaining meaningful insight into data.
Category: Business Intelligence
4 Things to Know to Prepare for BI Tools and Data Democratization!
The days of data silos and exclusive data access are over. Data Scientists and business analysts are still an important component of the business and IT teams are still crucial to the success and stability of the organization BUT if you are thinking that these roles are still responsible for day-to-day analytics and delivering every bit of data analysis to the enterprise, your business strategy needs an upgrade!
We invite you to explore our latest knowledgebase articles and to join the Smarten user community on Smarten Support Portal.
Key Influencer Analytics: What Is It and Why is It Important?
No matter the size of your business or in what industry your market is involved, the concept of analytics is more important today than ever before. Businesses competing locally or on a global scale are all engaged in market competition and, in order to grow and succeed, every business must understand its competitors, its own products and services, and most importantly, its customers and what products they are buying. Businesses must build and monitor and manage processes and activities, all with the goal of being the most productive and responsive in the market
How Can Clickless Analytics Help My Business Succeed in Data Democratization?
Gartner predicts that ‘… augmented analytics will be ubiquitous, but only 10% of users will use it to its full potential.’ One of the primary reasons that augmented analytics is not adopted and leveraged to its full capacity is that the business chooses a solution that is not easy enough for team members to adopt – one that is restrictive, inaccessible or requires sophisticated skills.
Business Users & Data Scientists Benefit from Citizen Data Scientist Initiatives!
A business that does not optimize its resources is doomed to fail. In this rapidly changing business environment and market, every organization must make the best of precious human resources. No one has enough funding to hire additional resources to get the job done and, when there are extra funds, those funds are quickly earmarked for new products, marketing and other crucial activities.
Smarten is pleased to announce the addition of Sentiment Analysis features and functionality to its innovative, augmented analytics solution. Sentiment Analysis enables businesses with easy-to-use tools that provide insight into what customers, stakeholders and others are thinking, thereby allowing business teams to improve products and services.
If your business is ready to implement a BI tool and augmented analytics solution, there are some things you will need to do first. If you plan correctly, you will enjoy a successful implementation. If you do not perform an assessment, understand your requirements and choose the right option, you are likely to fail in your initiative and your ROI and TCO will not meet expectations.
Leverage Integrated Analytics Reporting in Tally ERP!
The Rochester Institute of Technology (RIT) states that, ‘Accounting analytics can help an organization answer financial questions by looking at all the data gathered by a company (e.g., transactional data, financial data, investment analysis, etc.) and analyzing this information to gain significant insights, predict future outcomes, or even ascertain risk.’
Small and medium sized businesses (SMEs) are often challenged to satisfy all the roles and responsibilities in the organization and most team members wear more than one hat. That feeling of being overstretched is typical of growing businesses and, in an increasingly competitive market with businesses fighting for skilled resources, it is difficult to meet budget and scheduling goals and get it all done.
